September 28, 2023

China’s grip on critical minerals draws warnings at IEA gathering

US Energy Secretary Jennifer Granholm said the world is up against a dominant supplier of critical minerals willing to exploit its position for political gain.

September 28, 2023

Mexico says lithium concessions under review after Ganfeng flags cancellations

Ganfeng said Mexico's mining authorities had issued a notice to its local subsidiaries indicating nine of its concessions had been terminated.

September 28, 2023

Chinese and Russian aluminum groups sign deal to deepen ties

The MoU comes ahead of a visit by President Vladimir Putin to China next month.

September 28, 2023

Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020.

September 28, 2023

China gold prices plunge the most since 2020, curbing record premium

The precious metal fell 3.8% on the Shanghai Gold Exchange, with losses accelerating toward the end of the trading day.

September 27, 2023

We need China’s critical minerals technology, not their metals

China took control of almost all rare earth element processing and magnet manufacturing, in the space of about 10 years.

September 27, 2023

Mexico not able to cancel Ganfeng Lithium concessions, chamber says

Concessions granted before the lithium nationalization should not be altered, says the president of Mexico's mining chamber.

September 27, 2023

US-China tensions boost prospects for Mexico copper smelter plan

Southern Copper is considering spending $1 billion-plus on a new smelter in Empalme, Sonora state.

September 27, 2023

China’s gold prices surge, hitting a record against the world

On Wednesday, an ounce of gold in Shanghai cost $2,007, about 6% higher than the price in London or New York.

September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.